Just acquired a very underperforming self-storage facility in Los Angeles area. 

The fact that you were able to utilize a mortgage to acquire this in the first place tells me it wasn't really that distressed.

If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower.My understanding is that any lease over 3 years or any option agreement (aka rent to own)  is a violation of the due on sales clause. 

Even free & clear we find that opportunities abound if you're NOT afraid of acquiring some strategic debt.

(I ask this one as I see a lot of recommendations of utilizing an attorney to acquire foreclosed homes, but absolutely no idea what type of attorney, how to integrate them with a broker, etc.).5)  Any other information that is important that I may have skipped over here.I completely get the general concepts, but so far, all the books I have read and websites/videos I have researched are just a bunch of hype. 

Here is the story.I recently acquired a small storage facility (34 units) in Carson, WA (40 mins from Portland).

As I move forward to acquire my first rental in the coming months, I’m seeking creative ways to fund this deal.

Besides inheriting a property, this is by far the easiest way to acquire a property.

Yet, later when you go to acquire another property, the banks won't lend to you because your DTI is already maxed at the limit they allow.

To answer one of your questions, yes, note investors have to develop many sources for acquiring notes.